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Prison time, hefty fine for Bumble Bee exec

He pled guilty for his role in a price-fixing scheme.

Former Bumble Bee Foods senior VP Kenneth Worsham faces a maximum penalty of 16 years and a fine of up to $1 million (€926,400) as part of his plea agreement with the US Department of Justice (DOJ) for his role in a packaged seafood price fixing deal.

The parties jointly recommended he pay a $25,000 criminal fine before 15 days after the judgement date, said the DOJ in court documents released last month.

Worsham previously agreed to plead guilty to a one-count felony charge.

His base offense resulted in 12 years, the commerce volume being over $300 million (€281 million) added another 10 years, but his "acceptance of responsibility" took off three years.

He is the second Bumble Bee executive to plead guilty in this DOJ investigation.


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